All the nice jobs taken by expats or moved to other locations. What can I do? Can I approach LCM for help?
If management positions are moved from Singapore to China and India, how can I still get visibility?
Any advice here? And don’t ask me to plant trees.
I planted trees and liked management posts on LinkedIn. More than ready for squid game.
PIP PIP hurray!
When headcount reductions are met either by PIP or by attrition, we are one step closer to the 2B structural earnings.
Squid game is beginning soon, so hope all of you are ready.
Are you sure PIP will be at 8% or higher? 7 companies cut down to 3. No excess workforce is not possible. Why use layoffs when there’s PIP? max PIP is 10%. So might even see that this time right? Raise from 8-10%. Just like GST - raise from 7 to 9% both raise by 2%.
If you observe the ship is sinking, why have you not jump ship yet? Why still covering the 10 bins with only 7 bins cover
Surely you can’t be waiting for the 8% PIP to get you right?
@8Jato+16zEvLP3
Fully agree with you. The company is too heavy now and light bottom. They cut the worker bees that are actually working on the pretext of weeding out dead woods . Honestly speaking , even if we spare one or 2 dead woods , it will not cost a fraction of these execs. Let us be honest, who come out with all the recovery plans , strategies etc to make the business better ? The worker bees ! These execs just shamelessly take the ideas and upline the Comm . Have any of them come out with any brilliant ideas or even nego with customers to make things happen? No! So the last round of retrenchment , we got rid of so many experienced folks , we lost our commercial edge , left overs like us work like dogs trying to cover 10 bins with 7 covers ! Yet we have these execs hanging around doing unproductive song and dance ! How not to sink the ship?
If this company cut sls above by 50% guarantee all suddenly become very effective and motivated, the problem is corrupted corporate management culture protect those layers, cut 10 to 5 layer sure will win
But don’t tell others to go while they stay
Can’t blame them. They can complain here and plant trees because they want to avoid 8% PIP. Everyone has families to feed.
I know some Anonymous came here to complain about management but volunteer to plant-a-tree & sing along with them in the office. Please know your friends and analyse more angles than reading comments here. It is easy to go while your Anonymous friend still enjoying their life
@8Hept+16zEvLP3
But these are the exact tired, obese chaps, who have been shown the EM money and are earning in excess of $300K pa … more so, the DHs of up to $400K pa, who are greatly incentivised to remain and be rooted in EM.
Cos they will never attain even anywhere close a remuneration, doing the same work, if they had gone elsewhere!
This lot transcends across the 40-50+ demographic cohort. And dig in, they will!
This place creates many unhealthy, tired looking and obesed chaps, just look around.
Mgmt can just stick to slido received and read all the beautiful self praises and rewards
This is our forum
No censors no holds barred
Mgmt not happy what we say who the fxxk damned cares lah
As there are regret investments made, there are also regret employments.
The annual NSI / PIP / PIL is to provide the company to regularly remove chaff and dead wood, from the seeds and fruits.
Perpetual renewal of quality human capital - to retain only the best and allow a degree of freedom, for the company to continue hiring top quality employees each year (to backfill those who had been forced to leave).
Many of the NSIs put on false fronts during their interviews, overselling themselves - only to show their true mediocrity after being employed. They do very little work, talk a lot, go home on time and have no substance up there ….. always asking stupid questions all the time.
These pariahs in the company will just need to be forced-weeded out!
Can anyone enlighten why there is a need to give NI/NLI/PIP/PIL during good and bad time? Obviously this is way to cut cost and force ppl leaving! Do you knows how much is $2B? It is $2000M and it’s a lot of money! Toto only $16M and already driving ppl crazy.
Yup. How right you are.
There are two(2) Manufacturing Directors each, for the Americas and EMEAF regions ….. but for AP region, they collapsed it into just one entity.
And AP is the world’s largest demand-growth market by far, sprouting myriad emerging economies!
That says only one thing - AP (especially Singapore) headcount will also likely be consolidated accordingly.
With OSH Kosh B’Gosh now helming AP Fuels, let’s see whether the Energy Products business could be turned around, with a little help from our Aromatics business partners.
Now that GC reports to JC, under Ventures,
I got out >SGD70K cash from my last 2 EM stock options (the USD-equivalent from not exercising the options) that were awarded to me in last decade.
Not too bad and a tidy sum indeed!
@8Ggqm+16zEvLP3
It would be obvious to the Exxon Mobil Corp BoDs that cutting back on Corp HQ headcount (one of many reasons to move from Dallas to Houston) … as well as SGD-salaried senior staff here would be the most effective way to attain the $2G cost reduction in 2022-3.
How many CL29s (DH equivalent, not even Executives) are there in EM sites worldwide, who are earning >USD300K (SGD400K) pa?
Perhaps only Japan previously, until we divested GSK-Tonen.
Hey, the management in Singapore has always told you that if you are unhappy, the door is always open. Why do you act surprised when they really follow through. The fact that many still stay behind and be part of the PIP list shows you that the worker bees here are able to take a lot of sh-t and still work. So once again, if you are unhappy, don’t come here to complain. Head outside and try to get a job at the current pay or higher. Odds are you can’t.
Logic.
We care about our people and we are aware that trust was damaged in 2021.
Solution: Hire more people and establish a pipeline of talents.
THIS IS NOT TO REBUILD TRUST.
This is to cover their a-s so that even the remaining worker bees leave there wont be impact to business continuity.
Thankful that management is honest to tell people to fxxk off and we always have replacement. Applause.
Hard to believe that the Singapore post started in August 2020 has the most views, the most reactions, and the most replies on this site.
My guess is that our employees in Singapore should be worried that they will be selectively targeted in 2022/2023 for the next $2 billion in cost reductions. Since world crude and natural gas prices are at an all-time high, it cannot be helping our gross margins at the integrated refinery-petrochemical complex on the island.
359260 views | 1879 reactions (+1298/-581) | 3122 replies (last 2 hours ago)
My guess is that more Singapore layoffs will be required in 2022 and 2023.
ExxonMobil has invested more than S$25 billion in fixed assets in the Republic, according to the company's website. Singapore is the Asia-Pacific hub for ExxonMobil's downstream and chemical businesses and its integrated refining and petrochemical complex in the country is the group's largest such facility globally.
It is about time that we get a return on our investment for S$25 billion especially in a shrinking export market in Singapore.
Oil and petrochemicals exports are shrinking. Singapore's total merchandise trade fell last year, mainly due to a 31 per cent contraction in oil trade. Oil domestic exports contracted by 28.1 per cent while re-exports declined 5 per cent.
Meanwhile, petrochemicals exports fell 8.1 per cent year on year in the fourth quarter of last year, and were among the top contributors to a decline in non-electronics exports.
Source: BusinessTimes.sg
Folks with RSUs, any idea how to access the dividends paid to the MS accounts? It seems to be stuck for me and there’s no way I can get them out
Just leave la. Since it’s not worth much: why come here and humble brag.
I get stocks and even I’m not happy. I actually gained a lot more from Apple vs my XOM RSUs. Headhunters also sn----r when they heard I have XOM RSUs because it’s not worth a lot and can be easily bought out.
I can’t comprehend why the management think that we will be happy with this the earnings?
It’s not reflected on my paycheck and benefits. I don’t get stock from the company as well.
Today all leaders talk the same language with their internal agenda and they wont share the truth behind, and so called culture change we are ExxonMobil sound really disturbing and disgusting, on paper looks good in every words but in real world it sound so fake and so dirty. Many leaders have their own 'power' thinking and 'manage' ppl by managing self internal created politics thats why the manager looks so damn busy, but the fact is does not improve any bottom line. Thats why it is sinking ship to many ppl while looks great for executives and higher share price means better pocket out good compensation. For many young and bright future grads broaden your skillset and look for alternatives the forum is good place to seek some genuine advice. No one cares if you stress out or whatsoever they just want end results within deadline and claim the success, so they can climb up get good assignment. This is real. Sound like hard to believe for many young folks here. The working bees are the one doing real hard work but rewards go to managers poor technician gets hands so dirty yet didnt get bonus. Treat everyone differently with disrespect and rewards management is key priorities. Good thing is nowadays more opportunities outside so dont have to hang here.
Cut here merge there, cut health care, cut increment and the list goes on and on… and merger with F&L and Chem. What’s else inside the magical bag? HW3 & TMTS on the way…
5PM already everyone please pang kang turn off your laptops. Please don't spoil market, MPTs no OT pay.
If our overlords in the US can’t see hope in the EMCC forum, what chance does Singaporeans have, given we have to serve them. The story is probably going to be a sad one, but have a very positive spin to it and hope that you don’t notice it.
By the way, the best part is if you notice from Jack’s forum yesterday in Singapore, he can’t even be bothered to put up more than 1 slide on Singapore and that he can’t answer questions on people development after 3 tries.
So I don’t know which is worse. You decide by voting with your feet then.
The consolidation is an obvious downsizing masked with positive spin to fool outsiders . If u stay long enough in XOm, you shd know what’s is coming . I heard abt this possible consolidation 5-6 yrs ago even before the F&L merger. Can’t you see the strategy of the company going fwd is to keep reducing cost since the top line cant increase ( bec all our so called leaders are clueless how to improve revenue ) . The rubber band concept . Can’t push up the upper end of the rubber band then push the lower end of the rubber band . It doesn’t take high paying exec clowns to know that . This is a clear mark of a sinking ship…. Keep cutting cost to maintain the margin … to keep shareholders happy whom obviously include the execs ( bec large part of their compensation is pegged to company ‘s shares) what abt you and me the worker bees ? Continue to be psycho and drilled to count our blessings that the company is keeping us employed , paying us “ well” blah blah blah…. The same song and dance that our execs and so called “ leaders” are so well polished to deliver , preach … take control of your own destiny younger folks … have the guts to venture out . No venture no gain…. Why Set yourself up in a sinking ship… can XOm really pivot out to renewable ? Can a man serves two masters faithfully at the same time ????? Search your soul… whether is it still there or with the devil 😈
What was so bad in the US EMCC forum?
Looks it had been a been a very hot topic that many people just think it was packed with lies.
Same will come to SG, for sure, can be worse.
Change the name to Joker
Jack has said there’s more opportunities because of CS&I, even though he can’t give concrete examples. Don’t worry, there’s still compete to win. So Hurray!
Are you sure these are called hi-po? Self “high” and needs to reflect themselves in the mirror, no substance and can’t survive in the real world. Some 2nd line had been layoff since last year and still unable to land a job till today.
The arrogance of EM management is hard coded in their DNA because of the way they foster and choose their leaders.
Young and fresh out of school, within a few years then became a supervisor, donnt even know about the real basic on how to PROPERLY talk to people with decency and respect. Yet as chosen ones, they felt they were in the right track and did the right thing that made them so "successful", which again reinforce their perception. eventually they became leaders with no compassion, no respect, without knowledge of outside world, with little knowledge of how to be a decent person in reality.
Applies to>95% of EM leaders. The rest 5% have left or plan to leave.
Remember this , many of the so called execs , Exxon is the only company they have worked for all their life since graduation! Likewise for the many so-called hi -po. They haven’t seen the real world outside . They are very shielded from the outside world. In the past , this company is able to provide you a career from cradle to grave … but this privilege has been robbed away by the changing tide. If you still hold on to this sinking ship while you still have a chance to start afresh , you only have yourself to blame. If you have a family of young ones to feed , you are disrupting their livelihood too. So be wise … ask yourself can u see where this company is heading in 10 yrs ? To be it’s getting foggier by the day. DW and GC are all nearing retirement … they will retire with big fat cheque like all execs when the ship finally sinks , what abt you? Where wil you be ? Bottom of the seabed ? If it’s only yourself , that’s fine , not when your dependents have to go with u. I am too old to jump off the ship . When the ship sinks , I have gotten myself a buoy , I can stay afloat and swim to the shore . I wouldn’t retire well like the execs but I am lucky I wouldn’t sink to the seabed likewise for my family as the kids are all grown up. But for those in the late 30s and early 40s I worry for u if u still thinking of hanging on to this ship… sigh 😔
@8Bwma+16zEvLP3 you know bonus is discretionary right? Mgmt already overheard technicians are interviewing and securing with competitors. Disbursement of bonus may be split into periods to avoid such disruption.
What is the implication of merging EMCC into EMPS? product solutions...
Does that mean merge of EMCC and F&L?